EMEA IT market poised for slowdown in 2009

IDC, the global intelligence firm, have released their latest update on IT spending in Europe, the Middle East, and Africa which reveals a bleaker outlook for the near term in the wake of the worldwide financial crisis. Growth of just under 3% is now expected for the EMEA IT market in 2009, which represents a 1.5-point drop compared to IDC's previous, pre-crisis forecast.

Marcel Warmerdam, research director of European IT Markets commented, "The IT market in Western Europe has moved into a phase of very sluggish growth for the foreseeable future, many IT users are already resetting priorities in view of tougher times, with many projects being postponed or canceled."

The full IDC report can be requested at http://www.idc.com/